RWD
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28.6% 4.5¢ reward minerals ltd

Is Twiggy interested in potash?, page-17

  1. sevo
    7,080 Posts.
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    27/10/21
    15:51
    Post #: 57117966
    Magnesium sulphate is what RWD and the others would have in abundance.
    Search online and you see it sells for $100/T.
    It is uneconomic to truck it out.

    Magnesium from magnesium sulphate is an energy intensive process and not something RWD has spoken about.
    KLL has a potential partner, EcoMag.

    The major global magnesium supplier is China and the current shortage stems from power supply problems.
    As with all things green magnesium would be attractive and Australian companies could step up in the future.

    RWD Price at posting: 16.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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